No head no tail statement on CEVS!

[Civic6228]

"He said the high COE prices was not only a function of supply - the smallest since the quota system started in 1990 - but also the robust economy and people's ability and willingness to spend. He has asked the Land Transport Authority to look into whether the newly-introduced Carbon emissions-based Vehicle Scheme (CEVS) - which accords lower emission cars rebates of up to $20,000 - had led to more aggressive COE bidding"

 

Wow lau ... CMI leh .... from a high calibre ...

 

The CEVS is LPPL with little or no saving to car buyers ....

Edited January 11, 2013 by Civic6228

[Beehive3783]

New batch of Papaya people mostly bo tau nau one... never think properly before talking.

[Caravan]

It should not as the effect is only relative among different models, as in it makes certain models more attractive compared to others. It doesn't affect influence the main decision to buy a car.

[Eforce]

Merely looking for things to blame.

MRT down, Driver strike, Car is only for the ultra-rich, Everywhere congested (road works and too many old cars breaking down).

 

World class transport to improve our productivity.

[inlinesix]

"He said the high COE prices was not only a function of supply - the smallest since the quota system started in 1990 - but also the robust economy and people's ability and willingness to spend. He has asked the Land Transport Authority to look into whether the newly-introduced Carbon emissions-based Vehicle Scheme (CEVS) - which accords lower emission cars rebates of up to $20,000 - had led to more aggressive COE bidding"

 

Wow lau ... CMI leh .... from a high calibre ...

 

The CEVS is LPPL with little or no saving to car buyers ....

Who say no saving? Upfront, u pay less or borrow less. Borrow less = lower interest payment. On NPV basis, you will earn more.

[Deckbuild]

It's the fact that because of CEVS, certain popular car model priced more attractively as compare to others which caused the big surge in demand. Golf and 316 both entitle 15k and 10k respectively. If we just look at golf which vw claim to sold over 100 units the past 3 weeks is over 1/4 of the quota for the 1st bid already. The whole system is just haywire now, instead of using maybe bhp or other method to balance the industry, now it's more pro towards high end fuel efficient car.

[Deckbuild]

Who say no saving? Upfront, u pay less or borrow less. Borrow less = lower interest payment. On NPV basis, you will earn more.

 

Got saving but only for the 1st batch of CEVS entitle cars, Cat A up almost 11k, whatever savings go back to LTA pocket already for next bidding until further notice.

[Perseus76]

what do you expect? they introduce new policy to help us save money? or they introduce new policy to help them make more money over the long term?

[inlinesix]

Got saving but only for the 1st batch of CEVS entitle cars, Cat A up almost 11k, whatever savings go back to LTA pocket already for next bidding until further notice.

CEVS where Cat A. It only got Band A1 to A4 le. For B&B car (i.e. any car cheaper than Porsche 911), there will not be any saving at all.

 

For anything after that, it is likely. AD for these cars would have sufficient buffer for CEVS surcharge. Prices for these cars will not increase because of CEVS surcharge. In the end, these car will have lower depreciation/annum.

[Duckduck]

guys dont b disappointed, in economics class its taught that garmens always lag reality. Once u accept this fact then less stress, in other words now they overtighten, they might end up over-loosen later on again...